In the insurance industry, high-risk customers are more likely to take out insurance. This is an example of ?
A. moral hazard
B. risk aversion
C. adverse selection
D. a poor gamble
A. moral hazard
B. risk aversion
C. adverse selection
D. a poor gamble
A. 1.91 million hectares
B. 2.21 million hectares
C. 1.33 million hectares
D. 1.21 million hectares
A. is less than the cost of transporting it between them
B. is greater than the cost of transporting it between them equals the cost of transporting it between them
C. equals the cost of transporting it between them
D. more information in needed to answer this
A. increasing the wage in the Unionized sector, Which may create a decrease in the supply of workers in the non-unionized sector
B. Increasing the demand for workers in the Unionized sector
C. decreasing the demand for workers in the Unionized sector
D. Increasing the wage in the Unionized sector which may create an increase in the supply of workers in the non-unionized sector
A. Thomas will pay Roberto between €100 and €150 and Roberto will continue to play loud music
B. Roberto will pay Thomas €150 and Roberto will continue to play loud music
C. Thomas will pay Roberto between €100 and €150 and Roberto will stop playing loud music
D. Roberto will pay Thomas €100 and Roberto will stop playing loud music
A. Ricardo Malthus theorem
B. Heckscher Ohlin theorem
C. Lucas-Laffer theorem
D. Friedman Samuelson theorem
A. Fifth
B. Sixth
C. Fourth
D. Eight